![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Sunday, February 18, 2018 9:20:22 PM
https://www.kerrisdalecap.com/wp-content/uploads/2018/02/Eastman-Kodak-Company-KODK.pdf
Kodak faces significant debt maturities, tightening liquidity, and restrictive debt covenants while
financials are in free fall. The company is a sub-scale player in a highly competitive, secularly
declining industry. Management has repeatedly failed to stem negative free cash flow and
botched long promised asset sales. The situation is grim and these same set of circumstances
bankrupted the company 6 years ago. Kodak doesn’t have the luxury of hoping startup
blockchain projects succeed – it’s staring at the possibility of default and a debt restructuring in
the next 12-18 months. Potential ICO proceeds and royalty payments from KODAKOne do not
change the high probability of these events. Rather than dreaming of a “new economy” for
photographers, shareholders should be concerned about an eventual wipe-out. We view the
equity as worthless, implying downside of -100%.
KODK stock is worthless.
Be careful here.
Be VERY careful here.
Recent KODK News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/23/2024 08:31:06 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/22/2024 04:15:10 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/08/2024 09:12:01 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 08/08/2024 09:08:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:20:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:15:37 PM
- Kodak Reports Second-Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/08/2024 08:15:33 PM
- Eastman Kodak Company Second – Quarter 2024 Earnings Conference Call • GlobeNewswire Inc. • 08/01/2024 04:08:45 PM
- Kodak Photo Printer, Manufactured By Prinics, Maintains Amazon Bestseller Status: A Timeless Favorite • PR Newswire (Canada) • 07/08/2024 01:00:00 PM
- L'imprimante photo Kodak, fabriquée par Prinics, conserve son statut de produit à succès sur Amazon : Un favori intemporel • PR Newswire (Canada) • 07/08/2024 01:00:00 PM
- Kodak Photo Printer, Manufactured By Prinics, Maintains Amazon Bestseller Status: A Timeless Favorite • PR Newswire (US) • 07/08/2024 01:00:00 PM
- Kodak Photo Printer, Manufactured By Prinics, Maintains Amazon Bestseller Status: A Timeless Favorite • PR Newswire (US) • 07/08/2024 08:00:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/31/2024 06:00:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:37:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:36:15 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:35:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/21/2024 08:35:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/21/2024 08:14:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:34:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:34:34 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:33:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:33:29 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/16/2024 08:32:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 08:19:18 PM
- Kodak Reports First-Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/09/2024 08:15:32 PM
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM